United Wholesale Mortgage is continuing its us-or-them mentality when it comes to working with anyone associated with Rocket Cos. by ending its relationship with Mr. Cooper, the company confirmed. “UWM…
Category:
Mortage
-
-
With artificial intelligence becoming prevalent in home lending, mortgage businesses understand why they might want to establish ground rules for internal use. The introduction of AI policies varies across the…
-
A little more than a year ago, the future of New York Community Bancorp was unsettled, at best. The Long Island-based company, which dominated the New York City multifamily lending…
-
Two groups of Democratic senators are calling on Federal Housing Finance Agency Director Bill Pulte to justify the legality of recent personnel changes and provide increased transparency around long-term goals.…
-
A federal watchdog will probe specific alleged job cuts at the Department of Housing and Urban Development in response to concerns from Democrats. The Government Accountability Office, a nonpartisan federal…
-
In spite of investor qualms, Rocket Cos.’ purchase of Mr. Cooper is likely to clear regulatory hurdles, analysts at Keefe, Bruyette & Woods commented. The deal was announced before the…
-
Mortgage lenders saw expenses rise throughout 2024 as they heavily invested in growing out and supporting personnel, according to filings with a government agency. Independent mortgage banks ramped up hiring…
-
The Federal Housing Administration issued a waiver on quality-control reviews for some newly distressed mortgages in Southern California, as homeowners continue to recover from January’s destructive wildfires. The FHA mandates…
-
Bloomberg News The Department of Justice has gone back to a district court to appeal a preliminary injunction that blocked the Trump administration from dismantling the Consumer Financial Protection Bureau.…
-
The spring home buying season is chugging ahead despite stalling mortgage rates and economic uncertainty. The level of purchase applications last week reached their highest level since January, the Mortgage…
Newer Posts